Amusement park operator, Six Flags Entertainment (NYSE: SIX) named James Reid-Anderson as its new CEO on Friday, choosing him to lead the company out of bankruptcy.
Al Weber, previously the CEO of Paramount Parks, had served as interim CEO for the past three months and will step in as chief operating officer. Reid-Anderson has previous experience leading companies out of bankruptcy, including the healthcare company where he previously worked, Dade Behring Holdings. Dade Behring emerged from bankruptcy in 2002 with Reid-Anderson's help.
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Dallas-based Six Flags came out of Chapter 11 Bankruptcy in May. The company will report results for its second quarter on Monday.